This video shows when embattled Chairman of the fuel subsidy probe panel in the Nigerian Federal House of Representatives, Mr. Farouk Lawan recommended to the House of Representatives that two of Mr. Otedola’s companies –
Synopsis Enterprises Limited and
Zenon Petroluem and Gas Limited be removed from the list of companies indicted by the committee for receiving forex from the Central Bank of Nigeria but failed to bring in the fuel.
According to the list, Zenon is alleged to have collected the sum of $232, 975, 385.13 while Synopsis Enterprises collected $51, 449, 977.47 for the year 2010 and refused to import any oil.
The whole incidence took place on 21st of April, 2012. Watch the video after the jump.
Mr Farouk turned himself to the police yesterday for interrogation concerning the bribery allegation.
